Property News · December 10, 2025

JD.com’s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes


JD.com has agreed to acquire a stake in a major office tower in Hong Kong’s Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development.
Lai Sun Development and its parent Lai Sun Garment entered into an agreement with Jasmine Investment Development IV Limited, an investment entity of JD.com, to sell its 50 per cent stake in the China Construction Bank Tower for HK$3.5 billion (US$450 million),…

Source : South China Morning Post
Read more…JD.com’s US0 billion stake in Hong Kong Central tower eases Lai Sun debt woes